Dec 5, 2012 3:00am PST
the fiscal cliff. right after the election wall street dropped 5% when everybody suddenly focused on the fiscal cliff and realized that this was a problem. but since then it's kind of bumped along at this sort of level. i don't think wall street is at all sanguine about the idea that if we went over the fiscal cliff, life would go on as we know it and everything would be fine. >> one of the things that was really interesting to me to bear out that point is ken conrad yesterday who's been so down, i mean, he's leaving the senate. he's done this for seven years. they can't produce deals. and yesterday when i interviewed him, joe, he said i think we're going to make this. i think the boehner offer had significant indicators that something here is going on, and they're going to come together. >> also, kent conrad, a guy -- i've loved him for a long time, deficit hawk. they haven't allowed him to put a budget out for years. he's growing frustrated. i'm sure he's going to be glad to leave. but i was surprised by that as well. you see also, sam stein, republicans are now starting to real
Dec 5, 2012 10:00am PST
debate over whether government bailouts can be bought with political report in an election. a detroit lawmaker demands for city be saved from the financial brink because it supported obama and last month election. also, bob costas offered a clarification of sorts on his controversial comments about america's gun culture and a murder suicide involving an nfl player. he is not backing down. we will look at where this argument goes coming out. one of the country's largest teachers unions is now coming under fire for using what one person called vicious and vile warfare to discuss the virtues of taxing the rich. we will play the video and debate what kind of message this ascending. >> the 1% said don't worry, this is good for you because it will trickle down from us to you. someday you will be rich and someday you will be rich and these rules will be your rules too. fancy water. i've gotine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. is efficiently absorbed in small continuous amoun
Dec 5, 2012 4:00pm PST
't know whether you are ready to start thinking about america's next presidential election. a new poll shows who people say they would back to succeed president obama. also, we'll show you how a couple of possible republic candidates are already putting together the framework for 2016. >> the old ways won't do. we need new thinking and renewed efforts from all americans. >> big government is not effective government. big government has never worked. >> you will see how two potential presidential hopefuls are laying out their vision for their party's future, that's next. [ male announcer ] with 160 more miles per tank, the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won'
Dec 4, 2012 1:00pm PST
type of constitution in which the people can have a say in electing their government. and where the countries then are put on a more stable footing. because once that goes, then what? so this is fantastically difficult. once you lift the lid off these very repressive regimes and out comes all this religious and tribal tension, we have to find a way to stabilizing the situation and bring the bloodshed to an end. >> elsewhere in the region, egypt right now, we're seeing these protesters, these anti-mohammed morsi protesters moving closer and closer towards the presidential pass palace in cairo. they're concerned about what morsi is doing as far as democracy in egypt. how worried are you about the situation in egypt? >> i think egypt is key to the region, so the answer is, you've got to be extremely worried when you see instability affecting egypt. this is, again, the birth pangs of proper democracy in some ways, but this struggle is immensely important. obviously what's important in these countries where they've moved to a democratic system is that there is a clear understanding t